Thirumalai Chemicals Limited (TCL), a prominent player in the chemical industry, has announced a significant corporate action that could potentially alter its capital structure. The company has scheduled a Board of Directors meeting for October 25, 2025, to deliberate on the issuance of equity shares on a preferential basis.

Key Points of the Announcement

• Meeting Date: October 25, 2025 (Saturday)
• Primary Agenda: Consideration of equity share issuance on a preferential basis
• Regulatory Framework: The issue will be conducted under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Approvals Required: Regulatory and shareholder approvals
• Price Determination: The board will determine the issue price as permitted under applicable laws

Trading Window Closure

In compliance with regulatory requirements, TCL has implemented a trading window closure:

Implications and Next Steps

The proposed preferential issue, if approved and implemented, could have several implications:

1. Capital Infusion: Potential strengthening of the company's capital base
2. Ownership Structure: Possible changes in the company's shareholding pattern
3. Market Perception: The market's reaction to this development will be closely watched

Investors and market participants should note that this proposal is still under consideration and subject to various approvals. The outcome of the board meeting on October 25, 2025, will provide more clarity on the company's intentions and the specifics of the proposed equity issue.

Thirumalai Chemicals Limited, known for its chemical manufacturing prowess, continues to make strategic moves in the corporate landscape. Stakeholders are advised to keep a close watch on further announcements from the company regarding this potential equity issuance.

Thirumalai Chemicals Limited (TCL) has announced a significant change in its senior management team. Mr. Venkatraghavan, who served as the President of Food Ingredients, has retired from his position, marking the end of his tenure with the company.

Retirement Details

The retirement of Mr. Venkatraghavan took effect from the close of business hours on October 11, 2025. Following this development, he will no longer be part of the Senior Management Personnel of Thirumalai Chemicals Limited.

Company Disclosure

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, Thirumalai Chemicals Limited has formally notified the stock exchanges about this change in senior management.

Key Information

The company's disclosure, signed by Aditya Sharma, Company Secretary & Compliance Officer, ensures transparency and adherence to regulatory requirements.

Thirumalai Chemicals Limited, with its registered office in Mumbai, is certified for ISO 9001, 14001, 50001, HACCP, and FSSC 22000 standards, indicating its commitment to quality and safety in its operations.